The incomes policy is of great importance for Bulgaria. Wage increase is among the top priorities of the labor unions, the President of Confederation of Labor Podkrepa Dimitar Manolov told the Bulgarian National Radio on Sunday. As a matter of fact, we have witnessed an increase of incomes in this country recently. However, wage increase started from a very low base. The expected 10%-11% increase of the incomes in the budget sphere is quite reasonable. Of course, I would like to see even higher wage increase in that sphere, but we should be realistic. The efforts of the government aimed at increasing wages are a positive step forward in the incomes policy. On the other hand, the tax system must be subject to some changes, because currently the biggest tax burden falls on the people with lowest incomes, Dimitar Manolov went on to say. The minimum salary should not be taxed. Thus, domestic consumption will increase immediately, because nobody will keep this money at home or in bank accounts, the President of Confederation of Labor Podkrepa Dimitar Manolov further pointed out.
Bulgaria’s National Assembly approved at second reading amendments to the Investment Promotion Act. Under the changes, the assets of the Russian company Lukoil in Bulgaria can be sold only after a decision by the Council of Ministers and following a..
Bulgaria’s Prime Minister Rosen Zhelyazkov is convening a working meeting with ministers in connection with the United States’ decision to impose sanctions on Rosneft and Lukoil. The meeting is scheduled for 11:00 a.m. on Friday. Premier Zhelyazkov..
The Festival of Elena Dry-Cured Ham which will take place from October 24 to 26 in the town of Elena, offers a rich folklore program, competitions, demonstrations and tastings, the organizers from the Municipality of Elena and the Local Tourism Council..
By mid-2026, Bulgaria should be removed from the Financial Action Task Force (FATF) “grey list” of countries with deficiencies in its anti-money..
Frol and Frosia are the newest residents of the Bear Sanctuary Belitsa, according to the Four Paws Foundation, which runs the bear sanctuary in..
The Bulgarian team is returning home with four medals from the Youth International Olympiad on Astronomy and Astrophysics (IOAA) , held in the Romanian..
+359 2 9336 661